Grand Rounds attracts $40 mln Series B

Grand Rounds has received $40 million in Series B funding. Greylock Partners led the round with participation from previous backers Venrock and Harrison Metal Capital. Based in San Francisco, Grand Rounds helps connect patients with highly specialized medical care.

Twitter to acquire mobile advertising company MoPub

Mobile ad company MoPub said it has agreed to be acquired by Twitter. No financial details were provided. MoPub raised a $12 million Series B round from investors including Jafco Ventures, Accel Partners and Harrison Metal Capita in September 2012.

Facebook Acquires Threadsy, Maker of Swaylo

Threadsy, a four-year-old startup that had raised $6.3 million from investors including August Capital and Harrison Metal Capital, was acquired last Friday by Facebook, according to a company blog post. Terms of the acquisition were not disclosed, though follow-on reports characterized the deal as an “acqui-hire,” meaning Facebook might have been more interested in the […]

Food Site Yummly Gobbles $6M in Series A

The number of VCs dining on food sites is growing, as Yummly announced today it has raised a $6 million Series A round from two new backers and its returning investors. New investor Physic Ventures led the round, with participation from Unilever Corporate Ventures and returning VCs Harrison Metal Capital, First Round Capital, Intel Capital, The Harvard Common […]

Recurly Raises $6M Series A Led by BV Capital

Recurly, a San Francisco-based provider of billing solutions for subscription-based businesses, has raised $6 million in a Series A financing round led by BV Capital, and including Polaris Venture Partners, Harrison Metal Capital and FreeStyle Capital. The company previously raised a $1.6 million seed round in 2010 led by Polaris Venture Partners. Other investors in […]

Plastic Jungle Gets a New Backer

California-based gift card exchange Plastic Jungle received a strategic investment from Citi Ventures, the unit of listed financial services firm Citigroup. Specifics of the transaction were not publicized. Plastic Jungle, in prior rounds, has taken on more than $20 million from investors including Shasta Ventures, First Round Capital, Harrison Metal Capital, Redpoint Ventures, Bay Partners and Jafco Ventures.

Slideshow: More Money Flows into Mobile Ad Startups

A lot of venture capital has gone into mobile advertising startups in the past few months, and Jim Payne has a simple explanation why. “Advertising dollars tend to flow where people spend the most time, and people are spending a lot of time on their mobile phones,” says Payne, an ex-Googler who is now CEO […]

MoPub Adds $6.5M Series A

San Francisco-based mobile advertising startup MoPub has closed on $6.5 million in Series A financing, led by Accel Partners. Harrison Metal Capital also contributed to the round. Both firms were seed investors in MoPub, which provides an ad-serving platform for mobile applications and websites. Rich Wong, partner at Accel Partners will join the board as a result of the funding.

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